Assessed Value = Property Tax $
I'm not just a REALTOR®, I'm also your neighbor in Tarrant County - and I can help you if you want to protest the assessed value of your home. It's not a complicated process, as you can see from the summary below. You'll need five sold comps to submit with your protest, which I'll gladly send to you.
Protesting Your Tarrant County Tax Valuation
- If you’ve missed some Exemptions that you’re entitled to
- If you believe your property’s value assessment exceeds the true market value
- If you’ve suffered financial hardship as a result of COVID-19 so it may be worth asking if there are any extensions or other forms of tax relief.
With most Appraisal Districts, you have thirty (30) days from the date of Property Value Notice to protest the valuation amount.
This year the Tarrant County deadline is May 17, 2021
Most Appraisal Districts prefer that you file your protest online. Some districts have a dropbox for paper applications, however, most districts are NOT holding in-person appeals this year.
Go online and make sure you have a registered account with the Tarrant County Appraisal District.
Filing online allows you to submit an Opinion of Value and you’ll need to submit documentation as evidence of your opinion of your home’s value
- If you recently purchased include: Closing Statement, Copy of Independent Appraisal
- If you did NOT recently purchase include: Repair estimates from licensed contractors, interior and exterior photos documenting any damage
- Five 5 Sold Comps for your home - Get them here - quick, easy, free!
If an agreement is not reached, you’ll have an opportunity to file a protest.
If done successfully, you’ll receive an email confirmation that your protest request was received and a confirmation letter will be sent with the hearing date and time to appear before the TARB.
If you get to the protest stage, be sure to keep all supporting documentation to show at the hearing! The best thing you can do is be thorough and meet the posted deadlines.
Video - Tarrant County Process
THE BOTTOM LINE
The assessed value of your home is the basis for the property taxes you will have to pay. You should also review the exemptions applied to your account.
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